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PORT OF SPAIN, Trinidad and Tobago, March 26, 2020 (CMC) – The Central Bank of Trinidad and Tobago (CBTT) says the proposed payment deferrals, being implemented by banks operating, here, will provide flexibility to customers of financial institutions. The Bankers’ ...

ST. GEORGE’S, Grenada, March 23, 2020 (CMC) – The Eastern Caribbean Central Bank (ECCB) says customers in the Eastern Caribbean Currency Union (ECCU) will benefit from a six month moratorium on the repayment of loans as a result of their ...

PORT OF SPAIN, Trinidad and Tobago, March 23, 2020 (CMC) – The Trinidad and Tobago government announced, today, a multi-billion dollar package, including a TT$1,500 monthly payment to unemployed persons, for the next three months, as the twin-island republic deals ...

KINGSTON, Jamaica March 20, 2020 — As part of the government’s stimulus package to minimise the effects of COVID-19 on the economy, the National Housing Trust (NHT) has reduced interest rates on all new loans by one percent, and on ...

By Ernie Seon CMC Correspondent CASTRIES, St. Lucia, March 17, 2020 (CMC) – The St. Lucia government says three major hotels, operating here, are to close, as the island seeks to address the impact of the coronavirus (COVID-19) on its ...

KINGSTON, Jamaica, March 16, 2020 (CMC) – The government and the Inter-American Development Bank (IDB) have signed a loan agreement — valued at US$50 million — to implement the Boosting Innovation, Growth, and Entrepreneurship Ecosystems (BIGEE) Program, over the next ...

KINGSTON, Jamaica March 11, 2020 — Reduction of the General Consumption Tax (GCT) rate, from 16.5 percent to 15 percent is among $18 million in tax cuts, announced by the government, yesterday. The GCT cut, effective April 1, 2020, will ...

KINGSTON, Jamaica, March 11, 2020 (CMC) – A local company has taken preventative measures, following the confirmation of the first case of the novel coronavirus (COVID-19) in the country. J. Wray & Nephew, a distiller and bottler of rum, in ...

ROSEAU, Dominica, March 7, 2020 (CMC) – The Governor of the St. Kitts and Nevis-based Eastern Caribbean Central Bank (ECCB), Timothy Antoine, says the Eastern Caribbean dollar underscores the “remarkable” achievement of small island States, to survive in a changing ...

KINGSTON, Jamaica, March 2, 2020 (CMC) – The Bank of Jamaica (BOJ) announced, today, the immediate withdrawal of the guidelines for Electronic Retail Payment Services (ERPS 2) for the operation of electronic retail payment services. “Authorization to operate these services ...